*Kevin Hart is catching heat over a resurfaced clip showing him shaming Black people who don’t have bank accounts.
According to Moguldom, Hart made the comments during a 2021 appearance at the 10X Growth Conference hosted by Grant Cardone.
“If you look in the hood, there’s liquor stores and check cashing places. You know why? Because they know the people in the hood aren’t smart enough to open up bank accounts. They’re gonna get a check, they gon’ cash it, and it’s a liquor store right next to it,” Hart said, Yahoo reports.
“Let’s just put that around them. Let’s also put a bunch of s–t that’s easy and cash available,” he continued.
“We don’t want you to gain credit. We want you to be cash-driven. That’s how we keep the poor poor. It’s not until you understand, that you get out,” Hart added.
Kevin Hart says the hood is full of liquor stores and check cashing pay day loan places because people aren’t “smart enough” to have bank accounts.
These celebs get a little $$ and think they can comment on planned systemic poverty + financial exploitation. pic.twitter.com/iiGidvNXws
— Housing 4 All is Hot (@ahouse4all) September 25, 2023
According to Moguldom, “In the U.S. a significant portion of the population is unbanked or underbanked, meaning they either do not have a bank account or have one but rely on alternative financial services due to limitations in traditional banking,” the outlet writes.
“Unbanked adults are those who do not have a bank account. Underbanked adults are those with a bank account who use alternative financial services because banking services are insufficient to meet their needs. These alternative services include money orders, check cashing services, payday loans, pawn shop loans, and auto title loans,” per the National Low Income Housing Coalition.
Moguldom also notes that ChexSystems plays a significant role in determining whether an individual can obtain a new bank account, NerdWallet reported.
Here’s more from the report:
It tracks individuals who have faced issues with previous bank accounts, such as bouncing a check or not paying an overdraft fee. This system plays a significant role in determining whether an individual is deemed suitable for a new account, NerdWallet reported.
Some banks and credit unions offer “second chance” checking accounts for people to rebuild their banking histories. Some of these accounts will charge a monthly fee, NerdWallet reported.
Additionally, some Black people are unbanked due to a lack of banks in their communities, or due to a historic mistrust of financial institutions.
READ MORE: Kevin Hart Opens Plant-based Restaurant in Los Angeles Near LAX | WATCH
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